Greenx Metals Limited · ASX:GRX
Greenx Metals — Prairie Downs Metals — Investor Presentation (September 2007)
22 slides from Greenx Metals's investor presentation, September 2007
Slide 1: Prairie Downs Metals Limited September 2007
Prairie Downs Metals Limited September 2007
Slide 2: Prairie Downs Metals Limited
Prairie Downs Metals Limited The material in this presentation (“material”) is not and does not constitute an offer, invitation or recommendation to subscribe for, or purchase any security in Prairie Downs Metals Ltd (“PDZ”) nor does it form the basis of any contract or commitment. PDZ makes no repr
Slide 3: Corporate Objectives
Corporate Objectives 1. Finance and develop a 250,000 tpa zinc mine at Prairie Downs with production commencing in 2009 2. Expand current resource with an initial target of 6 million tonnes 3. Increase production rate to 1 million tpa 4. New projects Prairie Downs Metals Limited Page 3
Slide 4: Investment Rationale
Investment Rationale 1. Substantial value in the current zinc resource 2. Shallow resource amenable to early, high grade production 3. Excellent location and logistics 4. Outstanding exploration upside from a very large mineralised system Prairie Downs Metals Limited Page 4
Slide 5: Capital Structure
Capital Structure ¾ ASX Code PDZ ¾ Issued Shares 46.1m ¾ Options 1 20.8m ¾ Cash at Bank (June 2007) $3.5m 1 25c options expiring 31/05/08 NOTE The Company has agreed to a share placement of 6.0 million shares to raise a total of $5.46 million to institutional clients of Southern Cross Equities Limit
Slide 6: Company Details
Company Details ¾ Directors & Management • Jeremy Shervington Chairman • Mark Hansen Managing Director • Alec Pismiris Director & Company Secretary • Charlie Karelse Chief Operating Officer ¾ Shareholders • Directors 18.2% • Sempra Metals & Concentrates Corp 7.3% • Top 40 52.2% Prairie Downs Metals
Slide 7: Prairie Downs Zinc Project
Prairie Downs Zinc Project Prairie Downs Metals Limited Page 7
Slide 8: Resources
Resources ¾ 4.9 million tonnes at a grade of 5.4% zinc, 2.0% lead and 14g/t silver at a lower cut of 1% zinc. This resource contains 269,000 tonnes of zinc metal, 97,000 tonnes of lead and 2.3 million ounces of silver. It includes a subset of: ¾ 2.5 million tonnes at a grade of 7.3% zinc, 1.8% lead
Slide 9: Surface Projection of Lodes
Surface Projection of Lodes Zed Gabbro Main Prairie Downs Metals Limited East Page 9
Slide 10: Plan View of Lodes
Plan View of Lodes West East 1.4 Km East Zed Main Gabbro Red >8% Zn Yellow 5-8% Zn Green 3-5% Zn Blue 1-3% Zn Prairie Downs Metals Limited Page 10
Slide 11: Longitudinal View of Lodes
Longitudinal View of Lodes West East Main Zed behind Gabbro East West Main Gabbro behind Zed Prairie Downs Metals Limited Page 11
Slide 12: Representative Cross Sections
Representative Cross Sections Prairie Downs Metals Limited Page 12
Slide 13: Upside Potential
Upside Potential ¾ Grade of inferred resource will increase ¾ Mineralisation continues along strike ¾ Open at depth, only drilled to 120-140m below surface ¾ Gabbro Lode increases in thickness with depth Prairie Downs Metals Limited Page 13
Slide 14: Lead & Zinc Mineralisation in Drill Core
Lead & Zinc Mineralisation in Drill Core Prairie Downs Metals Limited Page 14
Slide 15: Zinc Mineralisation in Drill Core
Zinc Mineralisation in Drill Core Prairie Downs Metals Limited Page 15
Slide 16: Excellent Metallurgical Properties
Excellent Metallurgical Properties FLOTATION PROCEDURE Zinc Concentrate Lead Concentrate GRIND p80=75µm. Grade Grade 3 x Pb ROUGHER CONCENTRATES Zinc 55.2% 19.7% LEAD / SILVER Lead 1.2% 50.5% FLOTATION LEAD CLEANER FLOTATION Copper 0.1% 0.6% Gold 0.11 g/t 0.67g/t Pb CLEANER TAILINGS 3 x Pb CLEANER C
Slide 17: Scoping Study Conclusions (May 2007)
Scoping Study Conclusions (May 2007) ¾ Mechanised underground mining most cost effective ¾ Advantages of an underground operation are: ease of high grading; improved scheduling; lower operating costs; shorter lead time to production; cost effective mining of high grade zones ¾ Capital costs estimate
Slide 18: Conceptual Mine Plan (May 2007)
Conceptual Mine Plan (May 2007) Prairie Downs Metals Limited Page 18
Slide 19: Outstanding Exploration Potential
Outstanding Exploration Potential ¾ Resources defined over 1.4km of 20km prospective strike length ¾ Evidence along strike includes: • Gossans • Soil anomalies • Drill results ¾ Strong potential for >10 million tonnes Prairie Downs Metals Limited Page 19
Slide 20: Mineralisation Observed Over 20km
Mineralisation Observed Over 20km Prairie Downs Metals Limited Page 20
Slide 21: Indicative Timetable
Indicative Timetable ¾ September Quarter • Stage II drilling, RC and diamond • Resource update ¾ December Quarter • Final metallurgical testwork • Commence exploratory decline • Resource update ¾ March Quarter • Resource update • Complete feasibility • Project finance Prairie Downs Metals Limited Pa
Slide 22: For a copy of this presentation: mhansen@pdz.com.au
For a copy of this presentation: mhansen@pdz.com.au Prairie Downs Metals Limited Page 22
Prairie Downs Metals — Investor Presentation (September 2007) on 6ix